If you know someone who is losing their home to foreclosure, or thinking of a short sale, you should read this article...
"If the mortgage debt relief law expires this year, 'underwater' homeowners who are going through foreclosure or a short sale could also get a big federal tax bill."
If you know someone who is losing their home to foreclosure, or thinking of a short sale, you should read this article...
"If the mortgage debt relief law expires this year, 'underwater' homeowners who are going through foreclosure or a short sale could also get a big federal tax bill."
http://money.msn.com/home-loans/lose-your-home-get-socked-by-irs-weston....
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...